THE board chairman of the Electricity Company of Ghana (ECG), Tony Oteng Gyasi has resigned.
Sources within government confirmed that Oteng Gyasi, tendered in his resignation letter this week but the President John Dramani Mahama is yet to act on his letter.
Oteng Gyasi who is also MD of Tropical Cables and Conductors Limited cited health reasons in his letter of resignation, but some insiders suggest there could be more to his resignation than meets the eye.
Gyasi was appointed as ECG board chairman exactly a year ago in September 2013.
His resignation comes at a time when the power sector is going through challenges. The resignation of Oteng Gyasi may also be seen as a setback for the company.
Ghana is currently going through another load shedding exercise, with the ECG coming under fire for not releasing a schedule.
Ghanaian households and businesses have endured a 2-week load shedding, attributed to the lack of gas supplies from Nigeria due to a strike by workers in the gas sector.
The Volta River Authority (VRA) had announced that as much as 500 megawatts of electricity would be shed as a result of the shortfall in gas.
African Eye News
